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Bodach

07/21/13 2:33 AM

#27860 RE: BERKSHIRE AGENT #27828

THIS. While the OS is an issue, long term, locking the float up creates a situation where market cap doesn't matter. For instance, LOT* ran up to over a billion dollars in market cap and they make basically no money selling silly apparel. It was a short squeeze. Now, I'm not saying there is a squeeze situation here, not at all. But it does explain the nature of how the float trumps market cap reality.

That may be part of the plan. Starrs has created a situation where the OS is huge, but the float is small (considering). When that float is locked up, he can perhaps sell and retire simultaneously at a price that reflects what the PPS would be if the OS equated to the float.

After that process, the market cap can then stabilize into a real situation that reflects a smaller OS and a reasonable (much higher) PPS.

Then stay there.

Again, I wouldn't be speculating these ideas if Starrs didn't have the 3 billion shares. There has to be a reason behind it, imo. Just gets me thinking.